"Bigger refunds" turn taxing

The IRS warns taxpayers to beware of any tax preparer that advertises “bigger refunds.”

There’s a cottage industry of accounting companes that boast they will review past tax returns looking for errors or missed opportunities. They will then file amended returns on their customers’ behalfs, taking as much as half of any refunds recovered as a fee.

This industry depends on its revenue from amended returns. Significant refunds from an amended return typically mean one of two things: The last tax preparer made mistakes (and is probably incompetant), or the new tax preparer is a lot more aggressive, putting the customer at risk of an audit.

(See my column on an Aurora couple who are now suing Olympia Finanical and Tax Services of Aurora.)

Al Lewis, the Post’s putative “counterintuitive” writer is anything but. The real story here isn’t the greed and duplicity of Olympia Financial and its ilk; it’s the greed and duplicity of the Dang’s. (Greed, in my definition, is trying to get something for nothing: stealing, for example; not the putative, media-defined greed of profit-maximizing firms like ExxonMobil).

The Dangs, though immigrants, are in their forties, for goodness sake. Did they really think they were due $15,000 in federal income tax refunds? I think the more likely scenario is that they were looking for easy unearned money like any lottery player; that the angle that should have been featured. In short, they, like Olympia, were greedy and duplicitous.

Fact is, firms like Olympia don’t exist without shallow-thinking, covetous plebs like the Dangs, which is why the Dangâ€™s shouldnâ€™t be pity. (Besides, I thought Diane Carmen, Cindy Rodriguez, and Jim Spencer were responsible for the Postâ€™s tear-jerking populism.) Al, feel free to write a pro-business article from time to time, then Iâ€™d think you are counterintuitive.

hilde mcallister

i know of a few other people that were taken by mani and mindy,also the person that put them in contact with these two scam artists,huong tu aka mindy hong,all three need to be investigated for ripping people off,

k.madison

im a repo agent, do you have any info on the where abouts of mr harris from olympia financil. please call 720-338-3499